Cloudberry Clean Energy Annual report 2020

Cloudberry Annual report 2020 Sustainability 30 The main topics are presented in this report and the matrix above gives an overview of the findings. The topics in the top right corner are of most stra- tegic importance to Cloudberry and we focus our reporting on the following: · Local value creation · Renewable energy supply · Climate · Land use and ecological sensitivity · Stakeholder engagement In addition, corporate governance, sustainable finance, company culture, best technology and responsible supplier management were identified as important matters for our stakeholders and Cloudberry. Health and safety are of uppermost importance in the supply chain, where Cloudberry has less direct influence. Nevertheless, Cloudberry has a strong focus on the topic and demands our contractors to safeguard this. Please see a closer description of our health and safety management under “People” in this section. Climate change and renewable energy supply are particularly important to us as this is at the core of Cloudberry’s purpose. We have assessed our climate related financial risks and opportunities in line with the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD). The reporting contains disclosures from the World Economic Forum (WEF) Stakeholder Capitalism’s core set of environmental, social and governance metrics, to the extent that they are material, and the information is available at the current stage of development of Cloudberry. The metrics have been organized into four pillars – Principles of Governance, Planet, People and Prosperity – which are aligned with the essential elements of the UN Sustainability Development Goals. In the following, we describe our approach, activities and the way forward related to the identified sustainability topics for the company according to these pillars. Sustainability Governance Corporate Governance Our approach and activities To achieve our purpose of providing renewable energy for future generations and creating value for our stakeholders and shareholders, an experienced and diverse Board of Directors is imperative. The  Governance   Planet   People   Prosperity Significance of economic, environmental & social impacts Influence on stakeholder assessments & decisions  Local value creation  Landuse and ecological sensitivity  Renewable energy supply  Climate  Stakeholder engagement  Corporate governance  Sustainable finance  Company culture  Best technology  Responsible supplier management  Health and safety